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Silver Member

3863 Messages

wow! what a month Sept has been...tough trading...lots of brickbats and criticisms...and we are nit done yet...but managed to make a proft again...and thats a big that my risk is moved to Oct month end i can focus on the short term trend...I now believe a bounce is well and truly overdue on the nifty...but that might be a short term jne bcos of the sheer vokumemof cash selling...i fet a feeljng thst the bounce may come overnight or later half as Bank of England tries to intervene in the CCy mkt...lets us see how it goes... but the short term to medium term trend is bearish to the hilt...jnless there is a verbal intervention of some sort fromnthe Fed...nobody wants any other asset except the USD CASH...not even US treasuries it looks like...where this will end we dont know...but aomebody is going to get badly hurt...

11.05 AM Sep 26th
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